Consumers pay more for charity-linked products, spurring tornado relief
The wave of destructive tornadoes throughout the United States this spring has resulted in an outpouring of charitable donations, including on eBay. While all donations help the cause, raising funds through eBay auctions can be particularly effective, both for consumers and sellers, according to research by a strategy professor at Olin Business School, Washington University in St. Louis.
New tool offers free, one-stop access to state legislation information
Policy advocates and groups looking at proposing legislation now have a budget-friendly tool that facilitates effective research of information from the 50 public domain state legislative databases. Created by researchers at the Prevention Research Center in St. Louis (PRC StL), the State Legislative Search Guide is designed for anyone interested in cross-state comparison of legislation. PRC StL is a collaboration between the School of Medicine and the Brown School at Washington University in St. Louis and the Saint Louis University School of Public Health.
Media Advisory: Washington University Commencement is Friday, May 20
Washington University’s 150th Commencement begins at 8:30 a.m. Friday, May 20, in Brookings Quadrangle, directly west of Brookings Hall. The university will award 2,843 degrees to 2,719 undergraduate, graduate and professional students. The university also will bestow honorary degrees on five individuals, including the Commencement speaker, Nobel laureate and Holocaust survivor Elie Wiesel.
Olin B-school students tour fashion capitals to study luxury goods market
Coco Chanel never took a marketing class, but she’s helping teach one this semester at Olin Business School, Washington University in St. Louis. Students in the new course, “Luxury Apparel-Marketing B53” are examining case studies of brands that make up the $237 billion industry that has its roots in Chanel’s famous perfume and little black dress.
Media Advisory
Under Secretary of the Army Joseph W. Westphal, PhD, will preside over the 93rd annual Army ROTC Commissioning Ceremony at Washington University at 2 p.m. Friday, May 13. The ceremony in which 17 cadets will become commissioned officers in the U.S. Army, Army Reserve or Army National Guard will be held at Tisch Commons in the Danforth University Center, 6475 Forsyth Blvd., on WUSTL’s Danforth Campus. Westphal will also deliver a talk on leadership and the future of the Army and attend a reception for the new lieutenants and their families.
The birther issue: A Constitutional look
President Barack Obama released his birth certificate on April 27, but “birther” arguments continue. Election and constitutional law expert Gregory Magarian, JD, professor of law at Washington University in St. Louis, says that Obama clearly meets the constitutional qualifications to hold his office. Magarian discusses various situations where “natural born citizen” (as required by Art. II, sec., 1 cl. 4 of the Constitution) may come into question during a presidential election.
‘Chained COLA’ is the stealth Social Security benefit cut
Social Security’s yearly cost-of living adjustments (COLA) are targeted for reduction through a proposed “chained COLA” formula, and that could be a huge problem for those dependent on Social Security income. “COLA is an invaluable feature of Social Security,” says Merton C. Bernstein, LLB, a nationally recognized expert on Social Security. According to Bernstein, Republican “reformers” propose to reduce COLA claiming that the current method of calculating it overstates inflation. “This unrealistically assumes that people have the opportunity to buy lower priced substitutes when millions of people lack access to markets that offer such choices,” he says.
Bernanke fails to address key issues, WUSTL economist says
Despite all the “irrational exuberance” April 26 surrounding the first-ever news conference conducted by a Federal Reserve bank chair, the issues that Chairman Ben Bernanke chose to dance around were equally unsurprising as those he managed to address, says Michele Boldrin, PhD, the chair of the Department of Economics in Arts & Sciences at Washington University in St. Louis.
Arts & Sciences’ Competitive Fellowship Leave program ‘dramatic change for the better’
Gary S. Wihl, PhD, dean of the faculty of Arts & Sciences and the Hortense and Tobias Lewin Distinguished Professor in the Humanities, recognized the challenges faculty were having in accepting some of the more prestigious and highly competitive fellowships and last year instituted a Competitive Fellowship Leave program, which allows humanities and social sciences faculty members to minimize the unintended negative consequences of accepting competitive fellowships.
Food price crisis can lead to deteriorating nutrition
As fuel prices soar, food prices are beginning to creep up to crisis levels most recently seen in 2007. “Coupled with the financial crisis, high food prices can take a significant toll on nutrition, especially in developing countries,” says Lora Iannotti, PhD. “The same consequences can be true for wealthier countries, as households opt for less expensive, poor quality foods. Hidden hunger is a problem across the globe.”
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